Apollo Provides $1 Billion Hybrid Capital Solution to Aldar
Investment strengthens Aldar’s capital structure and financial flexibility Apollo today announced that Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC (“Aldar”), a leading UAE-based real estate developer and investment manager. The investment builds…
CIBC Asset Management launches Canadian and U.S. ETFs with Avantis Investors
Partnership with Avantis Investors brings additional systematic investment solutions to Canadian and U.S. investors CIBC Asset Management Inc. today announced the launch of four new Avantis CIBC ETFs to its expanding suite of ETF offerings. Developed in collaboration with Avantis…
BNP Paribas considers public blockchain infrastructure to tokenise money market funds
BNP Paribas explores public blockchain infrastructure for money market fund tokenization BNP Paribas Asset Management has issued a tokenized share class of an existing French-domiciled money market fund, marking a new step in its exploration of fund tokenization using public blockchain…
DBS extends a JPY 8.8 billion social loan to Parkway Life REIT, marking its first such financing for the healthcare sector
Milestone transaction supports healthcare real estate while advancing DBS’s sustainable finance agenda DBS today announced the issuance of its first social loan for the healthcare sector. The 10-year JPY 8.8 billion (SGD 72 million) facility was made to Parkway Life…
Citi Supply Chain Financing Report: Resilient Global Trade in the Era of AI
Citi has launched the latest edition of its Global Perspectives & Solutions (Citi GPS) report titled: Supply Chain Financing – Durable Global Trade in the Age of AI. Its key findings show that global trade is undergoing a fundamental transformation, driven…
Western Alliance Bank Extends $7.5M Asset-Based Credit Facility to OnQ
Western Alliance Bank Supports OnQ With $7.5 Million Asset-Based Line of Credit Western Alliance Bank today announced that OnQ, the leading retail display company, has secured an enhanced credit facility with the bank’s Asset-Based Lending Group. Western Alliance Bank is supporting OnQ…
Citi Trends Details Governance Changes and Extends Cooperation Pact with Fund 1
Citi Trends, Inc. Announces Board Transition, Finance Committee Leadership Update, and Extension of Cooperation Agreement with Fund 1 Citi Trends, Inc. a leading off-price value retailer of apparel, accessories and home trends primarily for Black families in the United States,…
Ares Management Closes European Direct Lending CLO II Exceeding €300 Million
Ares Management Prices European Direct Lending CLO II at Over €300 Million Ares Management Corporation a leading global alternative investment manager, announced today the pricing of its second European Direct Lending Collateralized Loan Obligation, Ares European Direct Lending CLO II…
Domo Announces Review of Strategic Alternatives While Reaffirming FY2026 Outlook
Domo to Explore Strategic Alternatives and Reaffirms Certain FY2026 Guidance Domo, Inc. the AI and Data Products Platform provider, today announced that its Board of Directors has initiated a formal process to explore strategic alternatives to maximize shareholder value. As part of…
iA Financial Group Expands Advisory Network with $1.5 Billion Asset Team
iA Financial Group Adds Advisor Team With Over $1.5 Billion in Client Assets iA Financial Group is pleased to announce that a distinguished team of advisors has chosen to join iA Private Wealth from a major bank-owned brokerage firm in…
SmartStop Completes Recast of Its Multi-Currency Credit Facility
SmartStop Announces the Recast of its Multi-Currency Credit Facility SmartStop Self Storage REIT, Inc. an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, today announced that it…
New Research Reveals Corporate Travel Managers Focused on Program Simplification
Corporate Travel Managers Prioritise Programme Simplification, New Research Shows Navan the global AI-powered business travel and expense platform, today released “5 Ways to Uplevel Travel Management,” a new study finding that 42% of European travel managers cannot easily access the data they need.…